Class T REIT Shares definition

Class T REIT Shares means the REIT Shares classified as Class T common shares in the Charter.
Class T REIT Shares means the REIT Shares referred to as “Class T” shares in the Articles of Incorporation.
Class T REIT Shares means the Class of REIT Shares designated as “Class T Common Shares” under the General Partner’s charter. “CLASS T UNIT” means a Partnership Unit entitling the holder thereof to the rights of a holder of a Class T Unit as provided in this Agreement,

Examples of Class T REIT Shares in a sentence

  • Sections 5.2(c), 5.2(d), 5.3, 5.5 of this Agreement, distributions shall be made to the OP Unitholders in accordance with their respective Percentage Interests on the Partnership Record Date, provided that the aggregate distribution made hereunder to the Class T Unitholders and the Class W Unitholders shall be reduced by the respective aggregate Distribution Fee payable by the General Partner with respect to Class T REIT Shares and Class W REIT Shares with respect to such Record Date.

  • In addition, the Class T REIT Shares shall be issued subject to a 3% selling commission and a 0.5% dealer manager fee.

Related to Class T REIT Shares

  • REIT Shares Amount means a number of REIT Shares equal to the product of the number of Partnership Units offered for exchange by a Tendering Party, multiplied by the Conversion Factor as adjusted to and including the Specified Redemption Date; provided that in the event the General Partner issues to all holders of REIT Shares rights, options, warrants or convertible or exchangeable securities entitling the stockholders to subscribe for or purchase REIT Shares, or any other securities or property (collectively, the “rights”), and the rights have not expired at the Specified Redemption Date, then the REIT Shares Amount shall also include the rights issuable to a holder of the REIT Shares Amount of REIT Shares on the record date fixed for purposes of determining the holder of REIT Shares entitled to rights.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • REIT Share means a share of common stock, par value $.01 per share, of the General Partner.

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.